Stock Market Update: Nasdaq and Dow Futures Rise on Third Day of Shutdown—Focus on Rumble, Rigetti, and Kodiak
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 03 2025
0mins
Should l Buy ONDS?
Source: Benzinga
Market Performance: U.S. stock futures rose on Friday, continuing the upward trend from Thursday, driven by AI optimism despite a government shutdown. Major indices like the Dow Jones, S&P 500, and Nasdaq all showed gains, with Nvidia reaching a record market cap of $4.6 trillion.
Investor Sentiment: A divergence in sentiment was noted between institutional and retail investors, with institutions selling off $4.7 billion in equities while retail investors took the opportunity to buy, indicating a potential cautionary signal for the market.
Economic Indicators: Key economic reports, including the U.S. employment report and services PMI, were delayed due to the government shutdown, while expectations for a Federal Reserve interest rate cut in October remain high.
Sector Highlights: Notable stock movements included significant gains for Actelis Networks and XCel Brands following contract announcements, while energy and consumer discretionary sectors faced losses.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ONDS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ONDS
Wall Street analysts forecast ONDS stock price to rise
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 10.080
Low
13.00
Averages
17.50
High
25.00
Current: 10.080
Low
13.00
Averages
17.50
High
25.00
About ONDS
Ondas Holdings Inc. is a provider of private wireless, drone, and automated data solutions through its subsidiaries, Ondas Networks Inc. (Ondas Networks), Ondas Autonomous Systems Inc. (OAS), Airobotics, Ltd (Airobotics), and American Robotics, Inc. The Company operates through two segments: Ondas Networks and OAS. Ondas Networks segment provides wireless connectivity solutions enabling mission-critical Industrial Internet applications and services. It designs, develops, manufactures, sells and supports FullMAX, its patented, Software Defined Radio (SDR) platform for secure, licensed, private, wide-area broadband networks. Its OAS segment develops and integrates drone-based solutions, focusing on high-performance critical applications for government and Tier-1 commercial enterprises. Its commercially available platforms include the Optimus System and the Iron Drone Raider. The Company is also focused on manufacturing of precision optical components and systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Israel and US Coordinate Strikes on Iran, Stocks React Positively
- Positive Market Reaction: Following the coordinated strikes on Iran by Israeli Prime Minister Netanyahu and U.S. President Trump, Ondas shares jumped nearly 5% in overnight trading, while Red Cat surged over 10%, indicating strong market optimism regarding the involvement of drone systems.
- Historic Drone Usage: U.S. Central Command utilized one-way attack drones for the first time in combat during 'Operation Epic Fury', with these low-cost drones modeled after Iran's Shahed drones, marking a significant advancement in combat technology.
- Retail Sentiment Shift: While retail sentiment for Ondas shifted from 'bullish' to 'bearish' over the past week, Red Cat's sentiment soared from 'bullish' to 'extremely bullish', with message volumes increasing by 50% in the last seven days, reflecting heightened interest in the latter.
- Strong Long-term Performance: Ondas shares have skyrocketed 939% over the past 12 months, while Red Cat's stock has risen nearly 85%, demonstrating investor confidence in the long-term growth potential of both companies.
See More
Global Defense Spending Soars to $3 Trillion Amid Geopolitical Tensions
- Defense Spending Surge: Oppenheimer estimates that global defense expenditures have reached approximately $3 trillion, reflecting a 50% increase over the past five years, with projections suggesting this figure could double within the next decade due to escalating geopolitical tensions driving military budgets.
- Drone Market Potential: The firm forecasts that the total addressable market for drones could expand from $45 billion today to $400 billion globally, encompassing hardware, services, AI, and related software, indicating the rapid growth potential of drones in modern warfare and commercial markets.
- Ondas Holdings Standout: Analyst Timothy Horan highlighted Ondas Holdings Inc. (ONDS) as a preferred investment within the rapidly expanding lower-skies segment, focusing on AI-enabled aerial security and infrastructure monitoring, with its stock gaining over 925% in the past 12 months.
- Complementary Satellite Operators: Horan also pointed to satellite operators BlackSky Technology Inc. (BKSY) and Iridium Communications Inc. (IRDM) as complementary plays, emphasizing their roles in providing real-time imagery and secure connectivity for unmanned systems, further driving growth in the drone market.
See More
Drones Emerge as Fastest-Growing Investment in Defense Sector
- Massive Market Potential: Oppenheimer forecasts the drone market to grow from $45 billion to $400 billion, with global military spending likely to double in the next decade, highlighting the critical role of drones in defense.
- Technological Transformation: The rapid advancement of drone technology is reshaping warfare, with analysts noting that the Ukraine conflict showcases the advantages of low-cost drones in surveillance and precision strikes, driving modernization of military equipment.
- Investment Opportunities: Analyst Timothy Horan recommends Ondas as a leading drone platform in the lower-skies market, expecting the company to achieve high ROI through integration with ground robots, thus boosting market share.
- Intensifying Market Competition: Oppenheimer emphasizes that future competition in drones will be a
See More
Record Global Military Spending; VisionWave's Strategic Acquisition Progress
- Surge in Global Military Spending: Global military spending reached a record $2.72 trillion in 2024, marking the steepest annual increase since the Cold War, which is expected to drive demand and investment opportunities for defense companies.
- VisionWave Acquisition Progress: VisionWave Holdings has executed a definitive agreement to acquire a 51% controlling stake in C.M. Composite Materials, a key player in Israel's multi-layer missile defense systems, which is anticipated to provide new revenue streams and enhance VisionWave's competitive edge.
- Strong Financial Performance: C.M. reported approximately $17.3 million in revenue and $3.0 million in net income before tax for FY2025, with an independent valuation of $50 million, indicating a solid financial foundation that supports VisionWave's long-term strategic positioning.
- Technology Integration and Market Expansion: VisionWave plans to integrate its QSpeed™ technology with C.M.'s manufacturing capabilities to optimize production processes and reduce bottlenecks, while targeting emerging markets like India to further extend its influence in the global defense technology sector.
See More
Safe Pro Secures $1 Million Government Contract
- Contract Value: Safe Pro has secured a $1 million government contract to support the deployment of its AI-powered Edge Processing platform, marking the company as an active U.S. government supplier and indicating potential for future order growth.
- Revenue Expectations: The company anticipates a revenue surge of over 500% in Q1 2026, primarily driven by the recently awarded U.S. government subcontract, showcasing strong growth potential in the defense technology sector.
- Technology Validation: Safe Pro's SPOTD system successfully utilized AI for demining operations in a pilot program in the Middle East, validating its capability to identify explosive threats from aerial imagery and reinforcing its market position.
- Market Sentiment Shift: Retail sentiment for Safe Pro on Stocktwits shifted from 'bullish' to 'extremely bullish', reflecting strong investor confidence in the company's future developments, despite a year-to-date stock decline of approximately 5%.
See More
Safe Pro Secures $1 Million Government Contract for AI Solutions
- Contract Acquisition: Safe Pro secured a $1 million subcontract to supply advanced AI processing systems to the U.S. government, although the contract's limited size led to a 6% drop in stock price post-announcement, indicating market skepticism about its impact.
- Funding Sources: The development and low-rate initial production of the systems were funded by U.S. firms Ondas and Unusual Machines, highlighting the company's technological capabilities and market demand in defense and security applications.
- Partnerships: Safe Pro signed a master services agreement and MoU with Lantronix to jointly develop embeddable chipsets for Qualcomm-based drone and autonomous vehicle platforms, expanding its technological applications.
- Market Sentiment: While retail sentiment on Stocktwits turned bullish, opinions varied regarding the contract's significance, reflecting a cautious market outlook on Safe Pro's future growth prospects.
See More
Israel and US Coordinate Strikes on Iran, Stocks React Positively
- Positive Market Reaction: Following the coordinated strikes on Iran by Israeli Prime Minister Netanyahu and U.S. President Trump, Ondas shares jumped nearly 5% in overnight trading, while Red Cat surged over 10%, indicating strong market optimism regarding the involvement of drone systems.
- Historic Drone Usage: U.S. Central Command utilized one-way attack drones for the first time in combat during 'Operation Epic Fury', with these low-cost drones modeled after Iran's Shahed drones, marking a significant advancement in combat technology.
- Retail Sentiment Shift: While retail sentiment for Ondas shifted from 'bullish' to 'bearish' over the past week, Red Cat's sentiment soared from 'bullish' to 'extremely bullish', with message volumes increasing by 50% in the last seven days, reflecting heightened interest in the latter.
- Strong Long-term Performance: Ondas shares have skyrocketed 939% over the past 12 months, while Red Cat's stock has risen nearly 85%, demonstrating investor confidence in the long-term growth potential of both companies.
See More
Global Defense Spending Soars to $3 Trillion Amid Geopolitical Tensions
- Defense Spending Surge: Oppenheimer estimates that global defense expenditures have reached approximately $3 trillion, reflecting a 50% increase over the past five years, with projections suggesting this figure could double within the next decade due to escalating geopolitical tensions driving military budgets.
- Drone Market Potential: The firm forecasts that the total addressable market for drones could expand from $45 billion today to $400 billion globally, encompassing hardware, services, AI, and related software, indicating the rapid growth potential of drones in modern warfare and commercial markets.
- Ondas Holdings Standout: Analyst Timothy Horan highlighted Ondas Holdings Inc. (ONDS) as a preferred investment within the rapidly expanding lower-skies segment, focusing on AI-enabled aerial security and infrastructure monitoring, with its stock gaining over 925% in the past 12 months.
- Complementary Satellite Operators: Horan also pointed to satellite operators BlackSky Technology Inc. (BKSY) and Iridium Communications Inc. (IRDM) as complementary plays, emphasizing their roles in providing real-time imagery and secure connectivity for unmanned systems, further driving growth in the drone market.
See More
Drones Emerge as Fastest-Growing Investment in Defense Sector
- Massive Market Potential: Oppenheimer forecasts the drone market to grow from $45 billion to $400 billion, with global military spending likely to double in the next decade, highlighting the critical role of drones in defense.
- Technological Transformation: The rapid advancement of drone technology is reshaping warfare, with analysts noting that the Ukraine conflict showcases the advantages of low-cost drones in surveillance and precision strikes, driving modernization of military equipment.
- Investment Opportunities: Analyst Timothy Horan recommends Ondas as a leading drone platform in the lower-skies market, expecting the company to achieve high ROI through integration with ground robots, thus boosting market share.
- Intensifying Market Competition: Oppenheimer emphasizes that future competition in drones will be a
See More
Record Global Military Spending; VisionWave's Strategic Acquisition Progress
- Surge in Global Military Spending: Global military spending reached a record $2.72 trillion in 2024, marking the steepest annual increase since the Cold War, which is expected to drive demand and investment opportunities for defense companies.
- VisionWave Acquisition Progress: VisionWave Holdings has executed a definitive agreement to acquire a 51% controlling stake in C.M. Composite Materials, a key player in Israel's multi-layer missile defense systems, which is anticipated to provide new revenue streams and enhance VisionWave's competitive edge.
- Strong Financial Performance: C.M. reported approximately $17.3 million in revenue and $3.0 million in net income before tax for FY2025, with an independent valuation of $50 million, indicating a solid financial foundation that supports VisionWave's long-term strategic positioning.
- Technology Integration and Market Expansion: VisionWave plans to integrate its QSpeed™ technology with C.M.'s manufacturing capabilities to optimize production processes and reduce bottlenecks, while targeting emerging markets like India to further extend its influence in the global defense technology sector.
See More
Safe Pro Secures $1 Million Government Contract
- Contract Value: Safe Pro has secured a $1 million government contract to support the deployment of its AI-powered Edge Processing platform, marking the company as an active U.S. government supplier and indicating potential for future order growth.
- Revenue Expectations: The company anticipates a revenue surge of over 500% in Q1 2026, primarily driven by the recently awarded U.S. government subcontract, showcasing strong growth potential in the defense technology sector.
- Technology Validation: Safe Pro's SPOTD system successfully utilized AI for demining operations in a pilot program in the Middle East, validating its capability to identify explosive threats from aerial imagery and reinforcing its market position.
- Market Sentiment Shift: Retail sentiment for Safe Pro on Stocktwits shifted from 'bullish' to 'extremely bullish', reflecting strong investor confidence in the company's future developments, despite a year-to-date stock decline of approximately 5%.
See More
Safe Pro Secures $1 Million Government Contract for AI Solutions
- Contract Acquisition: Safe Pro secured a $1 million subcontract to supply advanced AI processing systems to the U.S. government, although the contract's limited size led to a 6% drop in stock price post-announcement, indicating market skepticism about its impact.
- Funding Sources: The development and low-rate initial production of the systems were funded by U.S. firms Ondas and Unusual Machines, highlighting the company's technological capabilities and market demand in defense and security applications.
- Partnerships: Safe Pro signed a master services agreement and MoU with Lantronix to jointly develop embeddable chipsets for Qualcomm-based drone and autonomous vehicle platforms, expanding its technological applications.
- Market Sentiment: While retail sentiment on Stocktwits turned bullish, opinions varied regarding the contract's significance, reflecting a cautious market outlook on Safe Pro's future growth prospects.
See More
